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Topic: Bitcoin is not gambling - page 66. (Read 20881 times)

member
Activity: 72
Merit: 10
Crypto Evangelist
November 06, 2017, 10:21:37 AM
If you perceive bitcoin as an investment then it is nothing different than investing in any other commodity or per say real estate investment. I don't believe it is gambling unless you plan to short the market which may constitute a different outlook. It is everyone's own opinion how to perceive it but the potential of this investment in long term is bullish which makes it a long term hold.
sr. member
Activity: 868
Merit: 266
November 06, 2017, 10:15:32 AM
Its true bitcoin is a digital currency. We can't compare it with gambling. Maybe due to its price which is volatile and not
stable people call its gambling.Since it have no fix price and the price increase and sometimes decrease. This does not mean that bitcoin is gambling. Gambling is even more uncertain and risky.

In my opinion, every investment is a gambling, we all invest with the hope that the value will rise and then they could sell and make some profits, but at some time when investors are not patient enough, they tend to sell their investment asset when the price dwindles and make up making a loss.
full member
Activity: 434
Merit: 100
November 06, 2017, 10:01:43 AM
Yes bitcoin is not a gambling Bitcoin is a online business or should I say online job for you to earn money all you have to donis to post in bitcoin talk and do some activities in bitcoin.
legendary
Activity: 1526
Merit: 1001
November 06, 2017, 09:42:34 AM
Its true bitcoin is a digital currency. We can't compare it with gambling. Maybe due to its price which is volatile and not
stable people call its gambling.Since it have no fix price and the price increase and sometimes decrease. This does not mean that bitcoin is gambling. Gambling is even more uncertain and risky.

Directly for me bitcoin is not gambling. But when we talk about the system then we also bet to get a bitcoin price is much higher than when we buy it. People's perceptions must be different because actual bitcoin is the digital currency and gambling is purely for betting. Bitcoin can be used to become a currency while gambling is not part of it.
legendary
Activity: 1190
Merit: 1024
November 06, 2017, 09:37:16 AM
Its true bitcoin is a digital currency. We can't compare it with gambling. Maybe due to its price which is volatile and not
stable people call its gambling.Since it have no fix price and the price increase and sometimes decrease. This does not mean that bitcoin is gambling. Gambling is even more uncertain and risky.
newbie
Activity: 4
Merit: 0
November 05, 2017, 12:32:44 PM
This will depend a lot on how you define gambling. If betting is defined as staking some thing of worth for the chance of successful more, then bitcoin can be considered betting. Nevertheless, so can several things. Bitcoin obviously has a likelihood distribution, and no one can say that there is no risk included. So for many people bitcoin might be a betting device. For others it might be a determined risk. This is not the intended use of bitcoin, but it is a side effect of their fast increase in worth.
member
Activity: 163
Merit: 10
November 05, 2017, 10:36:00 AM
To see your own purpose, if you buy bitcoin for short-term profit, then I think it is gambling. If you are optimistic about the value of bitcoin investment, optimistic about the future of bitcoin long-term investment, it is not gambling. Smiley
member
Activity: 105
Merit: 100
November 05, 2017, 10:17:08 AM
It is true that bitcoin is not gambling because you will invest your money and will not gamble it but in other perception, it is gambling because you will risk your money in 50-50 chances. Anyway, life is gambling so anything that we do is gambling because there are chances that we will win but there are times that we will lose so for me, bitcoin can be said as gambling.
member
Activity: 337
Merit: 15
November 05, 2017, 10:04:35 AM
In my opinion, bitcoin can be referred as gambling and not based on the way people use it and what they have done to do it. If investing time through joining campaigns and bounties to earn money, i don't think that this is gambling at all. But, if converting real money into bitcoins to use for trading, to buy and sell coins all at once during the rise and fall of the coins price, that i think the mere fact of risking all of what you have is gambling.
member
Activity: 266
Merit: 10
November 05, 2017, 09:55:25 AM
I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
Perhaps most of the BTC businesspeople, as well as Altcoin, consider it gambling. The process is as follows: Bring money to invest in a coin that they find something worthwhile and sit on the sky waiting for that price. The problem is that they do not discriminate the concept of gambling because of luck. The BTC is based on experience, strategy and technique. Many people enter this market with little or no information or knowledge but just blindly invest in the crowd.
sr. member
Activity: 2366
Merit: 448
Enjoy 500% bonus + 70 FS
November 05, 2017, 09:53:04 AM
You are right thinking Bitcoin is not gambling it is just digital currency but Bitcoin price is up and down thats why many peoples says its gambling or like as bubble but i am not agree with this people its their wrong thinking.
which assesses the bitcoin's gambling is not true, perhaps because they only judge one eye because they do not understand or do not know about bitcoin. what we receive from the bitcoin there is a reward and many systems depend on the user's desires .. the increase in bitcoin is increasing and more and more users and those who assess gambling bitcoin because they rate it impossible ..
I think let's just talk them in our motivation make us keep working kersa and make us successful because bitcoin ..
member
Activity: 214
Merit: 10
November 05, 2017, 09:52:49 AM
I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.


Bitcoin is not a gambling,. Probably it's a good way to get people through it. And it is a friendly site that people can have a connection from getting more knowledge to have. And it is a new journey that people's help get from their needs of financial.
full member
Activity: 504
Merit: 105
November 05, 2017, 09:48:13 AM
Bitcoin is a market that can grow in all areas of finance and is not considered gambling. People can trade with Bitcoin and can trade at any time, but if you are a dice enthusiast then search for keywords to get involved and make a profit.
member
Activity: 126
Merit: 10
Get your share of the future
November 05, 2017, 09:46:45 AM
bitcoin is a currency, we use it for investment to earn profit to better ourlife, paid for the fees we  used in daily life. we also take risks to lost money in our investment to gain profit, not just like gambling we will lost everything with it, so it is not true to say bitcoin is gambling.
full member
Activity: 196
Merit: 102
November 05, 2017, 09:45:52 AM
I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.

Bitcoin is a currency.  You cant say money is gambling itself.  But if you invest your money and convert it into bitcoin,  now it is gambling.  Because you take a risk investing your money to a volatile currency hoping it would rise up in the coming days,  but you know it might also drop.  There is still win or lose in it,  so basically its still gambling.  The process is gambling,  not bitcoin itself.
it is true bitcoin is not gambling or other criminals, but bitcoin like money that can be used for anything including gambling is one of the advantages bitcoin
member
Activity: 80
Merit: 10
November 05, 2017, 09:24:57 AM
I think investing in bitcoins is a high-risk, high-return investment.Bitcoin is not a gambling game, forever!Yes, the price of bitcoin is always volatile and very volatile, but you should see the world status of bitcoin now, and Japan has made bitcoin a legitimate currency.
member
Activity: 168
Merit: 10
November 05, 2017, 09:21:04 AM
Actually,Bitcoin is digital cryptocurrency it is not gambling.bitcoin is usease online shopping,business, investing area. undoubtedly it is safe and secure digital currency. 
full member
Activity: 546
Merit: 100
November 05, 2017, 09:13:35 AM
Bitcoin is not a gambling. It is business. You dont have to say that it is a gambling because it can help to improve our life and to achieve our goals unlike in gambling it takes all the things that you have with out any return of investment. In bitcoin you can act like a business man not a gambler. In this industry you will use your knowledge and hard work not your luck. And once you put all your money in investment it may grow unlike in gambling when you put all your money in game you dont have any chance to return what you loss.
member
Activity: 61
Merit: 10
November 05, 2017, 08:49:23 AM
Very true indeed that Bitcoin is not gambling.It is from the start that all of us knew that it is a digital currency.Maybe in some sorts,some people use this currency in their gambling activities.But it can never be gambling at all.It is a bright idea and right thing to do that we should use Bitcoin for investment and not for gambling itself.
full member
Activity: 378
Merit: 100
November 05, 2017, 07:53:05 AM
I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.



Yes Bitcoin is not gambling because there's a proof that you can earn from it. Just like what you said We don't know why other people say it's a gambling but I think that they can say it because there are so many sites that is a scam and they don't know how bitcoin works and they don't know how it works and how we earn from it.
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